
Santa Cruz, California 95060
Analysis of 215217 Roberts Street, Santa Cruz, California 95060 reveals a Fairly Priced Property with a current list price of $995,000 aligned with the estimated $984,285 Fair Market Value. This represents a stable investment opportunity at market rate. The property maintains a Fair Condition Rating (50/100), suggesting the property is in acceptable condition with potential for value enhancement through selective updates and improvements. Located in a high-demand neighborhood within the Santa Cruz Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 215217 Roberts Street Subject | $995,000* List Price | 2 | 2 | 1,338 | $736 | - |
A 113 Fairbanks Sold | $800,000 | 2 | 1 | 1,112 | $719 | 0.3 mi |
B 232 Union Street Sold | $1,205,000 | 3 | 3 | 1,852 | $651 | 0.5 mi |
C 311 Ocean Street Active | $855,000 List Price | 2 | 1 | 1,148 | $745 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1898, the property has received recent essential upgrades including a new roof, exterior paint, and plumbing, which are positive for its structural integrity and exterior condition. However, the interior, specifically both kitchens and bathrooms, are significantly outdated with tile countertops, older appliances, basic fixtures, and dated flooring/tiling. While functional and clean, these areas require substantial cosmetic updates to meet current aesthetic standards. The carpets also appear older. The property is livable and maintained but shows clear signs of being aged and not having undergone major interior renovations in many years.
As a duplex with separate PG&E meters, the property offers strong investment potential for rental income or a flexible owner-occupied scenario.
Situated on a private cul-de-sac, it boasts excellent proximity to downtown Santa Cruz, the beach, river walk, Warriors Arena, and Boardwalk.
Key upgrades including a new roof, exterior paint, and plumbing reduce immediate maintenance concerns and add value.
Built in 1898, the property's age may present ongoing maintenance challenges and potential for unforeseen issues despite recent upgrades.
Consisting of two one-bedroom units, this configuration may limit the target tenant demographic or rental income potential compared to multi-bedroom units.
The property has been on the market for an extended period (since February 2022), which could indicate challenges with pricing or underlying property issues.
Duplex on a private cul-de-sac in close proximity to downtown Santa Cruz, the beach, river walk, Warriors Arena and Boardwalk. Property features two one bedroom units, storage/workshop space, laundry facilities, 4 extra storage rooms, sunny cement patio, and separate PG&E meters. Recent upgrades include a new roof, exterior paint, and plumbing upgrades. Great for either an investment property or for owner occupied. This quiet location is close to all the great things Santa Cruz has to offer. Property is located in an opportunity zone.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 3.0 | 26% |
| Baths | 2.0 | 3.0 | 49% |
| Square foot | 1,338 | 1,706 | 37% |
| Lot Size | 2,831 | 7,057 | 16% |
| Price | $995.0K | $1.36M | 11% |
| Price per sq ft | $744 | $837 | 37% |
| Built year | 1898 | 1977 | 5% |
| HOA | $0 | $0 | 50% |
| Days on market | 1531 | 100 | 0% |
Feb 11, 2022
$995,000
Initial Listing